In the past three days, both Bitcoin and Ethereum have seen an increase of about 10%, while Trump-related meme coins have risen by more than 50%.

However, it should be noted that this wave of rise is driven by news, and there is no reversal condition in technical indicators, so caution is still needed. At the weekly level, the lifeline support of the Ant Channel is around 49,600, and the MACD fast and slow lines are also high. Such a market situation makes it easy for people to chase the rise in the rise and sell off in the correction.

Before there is a strong breakthrough at $63,800, I still hold a bearish view. The Ant Channel at the daily level has just been out for less than a month, and according to the cycle theory, there may be further declines. We need to pay attention to whether the EMA200 daily moving average of $58,200 will be broken. At the 4-hour level, the main rising Ant Wave has ended and is currently in a downturn. It is necessary to pay attention to the pressure level of 63,800. If it cannot break through, it will continue to drop below 58,200. We must always observe the market trends, assess the situation, and wait for opportunities! #美国大选如何影响加密产业? #美国6月CPI大幅降温 #币安7周年

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